# Phison acquires Nextorage from Sony to strengthen customized high-end storage

Phison Electronics acquired shares of its joint-venture company Nextorage Corporation from Sony Storage Media Solutions (a Sony subsidiary). Nextorage focuses on customized high-end NAND storage for applications like automotive electronics and industrial robots.

- Type: Acquisition
- Announced: 2022-01-05
- Where: Japan
- Status: completed
- Products: NAND controllers, customized high-end storage
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Phison Electronics Corp](https://endata.com/companies/24952.md) (acquirer)
- [Nextorage](https://endata.com/companies/47993.md) (target)
- [Sony Storage Media Solutions](https://endata.com/companies/47994.md) (partner)

## Sources

- [phison.com](https://www.phison.com/phison-acquires-nextorage-to-strengthen-customized-high-end-storage-market/), 2022-01-05: "The acquisition continues Phison’s expansion into the customized high-end storage market, including high-resolution image processing systems, automotive electronics, e-sports and gaming systems, factory automation, electronic medical equipment, and industrial robots, etc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.